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Business News

WestJet, Delta alliance

Oct 23, 2020 / 5:43 pm

The U.S. Department of Transportation has granted tentative approval of an alliance agreement between WestJet Airlines and Delta Air Lines. The airlines intend...

Oil production limits to end

Oct 23, 2020 / 1:59 pm

Alberta's oil curtailment quotas are set to end in December, nearly two years after the previous NDP government introduced them to support oil prices, the...

Markets end week flat

Oct 23, 2020 / 1:55 pm

North American stock markets ended a second flat week of trading Friday as investors held back ahead of the upcoming U.S. presidential election. The S&P/TSX...

'Weed should be like beer'

Oct 23, 2020 / 6:45 am

When actor Seth Rogen was growing up and smoking cannabis in Vancouver, he recalls there was a constant cloud of shame around the substance that still lingers....

Le Chateau to close doors

Oct 23, 2020 / 6:32 am

After 60 years in operation, Le Chateau Inc. is seeking court protection from creditors to allow it to liquidate its assets and close its stores. The chain...

Canfor earnings surge

Oct 22, 2020 / 6:22 pm

The first of B.C.'s three forestry majors released third quarter financial results Thursday that confirm an "unprecedented" surge in lumber prices...

Pleas boost opioid case

Oct 22, 2020 / 2:37 pm

A Canadian class action against opioid makers will start the process of getting certified in a hearing next month, a key test on how courts here will handle a...

Coca-Cola bubbles back

Oct 22, 2020 / 10:57 am

Coca-Cola measured gradual improvement in the third quarter as it focused on emerging leaner from the global pandemic. Revenue fell 9% to $8.7 billion, topping...

GasLink reports progress

Oct 22, 2020 / 10:00 am

Pipe installation and clearing continues in the first two spreads of the Coastal GasLink pipeline through the Peace Region. In an October update, the company...

Ripped off for $3 million

Oct 22, 2020 / 9:57 am

A woman has been accused of defrauding Richmond and Vancouver residents out of $3 million and then spending the money at casinos and on an immigration lawyer to...

Rogers revenue down

Oct 22, 2020 / 7:22 am

Rogers Communications Inc.'s third-quarter profit and revenue fell compared with a year ago due to the COVID-19 pandemic, but the company beat analyst...

Corus profits climb

Oct 22, 2020 / 7:20 am

Television and radio broadcaster Corus Entertainment Inc. reported its fourth-quarter profit rose compared with a year ago, even as its revenue fell. The...

Returnable Tims cup test

Oct 22, 2020 / 7:18 am

Tim Hortons has signed a deal with TerraCycle's Loop program to test an option that would allow customers to pay a deposit and receive their order in...

Le Chateau postpones AGM

Oct 22, 2020 / 6:35 am

Embattled clothing retailer Le Chateau Inc. pulled the plug on its meeting of shareholders on the eve of the annual gathering. The Montreal-based company...

WestJet to refund flights

Oct 21, 2020 / 3:19 pm

WestJet says it will begin providing some refunds to passengers who had their WestJet and Swoop flights cancelled by the airlines as a result of the COVID-19...

Shop early, says Canada Post

Oct 21, 2020 / 11:48 am

Canada Post is urging Canadians to shop early this holiday season to avoid the late arrival of gifts caused by a pandemic-induced shift to online shopping....

Purdue Pharma to plead

Oct 21, 2020 / 10:45 am

Purdue Pharma, the company that makes OxyContin, the powerful prescription painkiller that experts say helped touch off an opioid epidemic, will plead guilty to...

JC Penney back from brink

Oct 21, 2020 / 10:35 am

J.C. Penney believes it will emerge from bankruptcy protection before Christmas under a new ownership agreement that would save tens of thousands of jobs. The...

Retail sales inch up

Oct 21, 2020 / 7:27 am

Statistics Canada says retail sales rose 0.4 per cent to $53.2 billion in August. It was the fourth consecutive monthly increase for retail sales since a record...

Cathay cuts 8,500 jobs

Oct 21, 2020 / 7:25 am

Hong Kong airline Cathay Pacific Airways said Wednesday it would cut 8,500 jobs and shut a regional airline as it grapples with the plunge in air travel due to...

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